2016-09-24

Market Tossup on Congressional Control

This is a winner take all market. The rise of Other along with Republican House-Republican Senate reflects the narrowing of the race. Other pays out if the neither party controls at least 51 seats or 50 seats plus the Vice President. The trend in the market is the rising odds of Republicans holding the Senate. There's a divergence with the Presidential WTA market, where Clinton has widened her lead on Trump over the past couple of days.